On April 1st, the National Flood Insurance Program started issuing new rates on personal flood insurance policies and premiums are headed up for most homeowners The Federal Emergency Management Agency (FEMA) is in charge of managing the program and claims the premium increases are necessary to get the program back on solid footing. The program […]
Disasters can happen just about anywhere but the truth is that some areas are more prone to catastrophic weather. Floods, hurricanes tornadoes and fires have favorite locales that they pound over and over, putting those cities and states into a special category when it comes to experiencing disasters. If you happen to live in one […]
As the weather warms up and the snow starts to melt, the odds of water damage to your home rises dramatically. In many states, especially ones that experience a tough winter, water damage is the top cause of home damage and in many cases it can be hard to fix and very costly. While it […]
The Florida real estate industry, as well as buyers and sellers of Florida property, are excited about a plan that will scale back the changes to the National Flood Insurance Program which have sent premiums skyrocketing. Huge premium increases have had a dramatic affect on Florida, North Carolina, and Georgia real estate, making the cost […]
Is your home sitting in the middle of a flood zone, on a fault line or in the middle of tornado alley? If so you may be looking at a hefty home insurance bill because your home will be considered high-risk. High-risk homes come in all shapes and sizes and the risk factors vary depending […]
If you are thinking about asking your sweetheart to marry you or have recently tied the knot, you are not alone. The holiday season, stretching from Thanksgiving to Valentines Day is when roughly 39 percent of all engagements take place. While your days will soon be filled with seating charts and cake tasting don’t forget […]
While saving money is has become a big priority for most people these days, cutting back too much can be an expensive mistake, especially when it comes to home insurance. Shopping your insurance coverage around in order to find a better deal is always a good idea but cutting back or eliminating coverage altogether can […]
According to a study published by the World Bank, Miami is one of the ten cities in the world that face the greatest risk of extensive flooding as sea levels rise due to climatic changes. As per the numbers quoted in the study, Miami is also likely to suffer the most in terms of economic […]
The recent floods in Colorado have brought the subject of flood insurance back into the headlines. Floods can be devastating to both your home and financial situation and they can happen quickly. According to federal flood information, a flash flood can produce a wall of water that is 10 to 20 feet high and just […]
It seems that people who live along the Atlantic Ocean and Gulf of Mexico coasts of the United States have to endure hurricanes and tropical storms almost throughout the year. The Atlantic hurricane season lasts for about six months of the year from June till the end of November and peaks during the middle of […]